GSA signs MoU with CSIA

SAN JOSE, USA: The Global Semiconductor Alliance (GSA), an organization focused on accelerating the growth of the global semiconductor industry, and the China Semiconductor Industry Association (CSIA), the leading organization representing the semiconductor industry in China, jointly announce the signing of a memorandum of understanding (MOU) for the purpose of establishing a mutually agreeable framework of co-operation.

The collaboration teams global and regional efforts to further the development within the semiconductor industry. GSA and CSIA have formed an alliance committed to the ongoing support of one another’s initiatives and activities in a variety of areas, such as exchanging industry data and research information, promoting international exhibitions and seminars, as well as assisting one another with trade delegations among their members.

“GSA has continued its focus on the Asian region and has successfully collaborated with CSIA on several initiatives and projects since 2003,” said Jodi Shelton, co-founder and executive director of GSA. “The MOU strengthens the existing relationship between the two organizations, and will undoubtedly broaden and enhance value and resources to their members.”

“Both the Asian and Chinese markets are very distinctive and have shown great potential for growth,” added Dr. Dwight W. Decker, GSA chairman of the board. “I believe this collaboration will strengthen our relationships and knowledge base within China.”

Both parties share a common desire to bring international advanced semiconductor technology and management experience into the Asian market, and hope to enhance interactions within the industry supply chain as a whole.

“We look forward to a broad, long-term and rewarding partnership with GSA and its members,” said Zhongyu Yu, chairman of CSIA. “Our organizations will work closely on a wide range of activities to demonstrate our mutual interests and value to support the semiconductor industry.”

“Signing the MoU is a symbolic movement,” said Xiaotian Xu, MOU signing representative and president of CSIA. “After several consultations, we came up with concrete and substantial cooperation plans, and we look forward to more in the coming future.”

The MoU signing ceremony will be held on Thursday, September 18, 2008.